0000950170-23-071209.txt : 20231218 0000950170-23-071209.hdr.sgml : 20231218 20231218180158 ACCESSION NUMBER: 0000950170-23-071209 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231215 FILED AS OF DATE: 20231218 DATE AS OF CHANGE: 20231218 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Raketich Kevin A CENTRAL INDEX KEY: 0001860429 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36313 FILM NUMBER: 231495016 MAIL ADDRESS: STREET 1: 1835 DUEBER AVE. SW CITY: CANTON STATE: OH ZIP: 44706 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TimkenSteel Corp CENTRAL INDEX KEY: 0001598428 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 464024951 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1835 DUEBER AVENUE SW CITY: CANTON STATE: OH ZIP: 44706-0928 BUSINESS PHONE: 330-471-7000 MAIL ADDRESS: STREET 1: 1835 DUEBER AVENUE SW CITY: CANTON STATE: OH ZIP: 44706-0928 4 1 ownership.xml 4 X0508 4 2023-12-15 0001598428 TimkenSteel Corp TMST 0001860429 Raketich Kevin A 1835 DUEBER AVE. SW CANTON OH 44706 false true false false EVP, Chief Commercial Officer false Performance-Based Restricted Share Units 2023-12-15 4 A false 40000 0 A Common Shares 40000 40000 D Each Performance-Based Restricted Share Unit ("PRSU") represents the right to receive one Issuer Common Share (or a cash payment equivalent thereto), plus cash dividend equivalents as applicable. In general, the PRSUs can be earned from 0% to 200% depending on the degree to which the Issuer's Common Shares satisfy up to seven specified average closing price goals (based on 20 consecutive trading days' achievement of a specified 20-trading-day average price) (the "Average Share Price Goals") from December 1, 2023 through December 31, 2026. Generally, PRSUs earned based on the Average Share Price Goals (or, if earlier, based upon performance evaluation through a change in control of the Issuer) then generally pay out (subject to a payment cap) in two equal installments in early 2027 and 2028, subject to certain alternative terms for death, disability or termination without cause. /s/ Kristine C. Syrvalin, as Attorney-in-Fact 2023-12-18 EX-24 2 tmst-ex24.htm EX-24 EX-24

 

POWER OF ATTORNEY

 

I, Kevin A. Raketich, Executive Vice President of TimkenSteel Corporation, hereby constitute and appoint Kristine C. Syrvalin, Kristopher R. Westbrooks and Nicholas A. Yacobozzi, each of them, my true and lawful attorney or attorneys-in-fact, with full power of substitution and re-substitution, for me and in my name, place and stead, to sign on my behalf any Forms 3, 4, 5 or 144 required pursuant to the Securities Act of 1933 or the Securities Exchange Act of 1934, and to sign any and all amendments to such Forms 3, 4, 5 or 144, and to file the same with the Securities and Exchange Commission, granting unto said attorney or attorneys-in-fact, and each of them, full power and authority to do and perform each and every act and thing whatsoever that any of said attorney or attorneys-in-fact or any of them or their substitutes, may deem necessary or desirable, in his/her or their sole discretion, with any such act or thing being hereby ratified and approved in all respects without any further act or deed whatsoever.

 

 

Executed this 5th day of May, 2021 by the undersigned.

 

 

 

 

/s/ Kevin A. Raketich

Kevin A. Raketich